NPK Production Resumed Normal

By CnAgri2014-03-04 09:47:45 Print

NPK: with temperature rising and start of spring planting, NPK market accelerated starting. Manufacturers  mainly fulfilled previous orders and delivery went smooth. Enterprises mostly resumed normal working, especially large enterprises, and quite a few enterprises produced with high load. NPK price went stable with increase of RMB30-100/MT or higher to RMB100/MT. Sulfur NPK saw more increase than chlorine NPK for firstly, sulfur price saw an increase of 60% since October in 2013; secondly, demand for sulfur NPK increase with larger planting acreages of fruit and vegetable; thirdly, sulfur NPK manufactures are less than chlorine NPK and competition is not fierce and fourth, due to high profit margin of sulfur NPK, many dealers promoted more of sulfur NPK. (Figure 3)